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and jack lew is in the middle of it. because democratic economic policies have not been well received by republicans in congress, and because jack lew once irked mitch mcconnell, he is, we're supposed to believe, not going to get the top tier cabinet position. we scoff in your general direction. if those do not sound like reasons substantive enough to block a presidential cabinet nomination, that is because those are not reasons substantive enough to block a presidential cabinet nomination. at least historically speaking, those are not the kind of things that keep a person out of a top tier job like that. as "the new york times" calculated today, in the history of the u.s. senate, the senate has confirmed over 500 cabinet nominations. over 500. it has denied nine out of more than 500 in gnat senate history. the last time a cabinet nomination was denied was almost 25 years ago when the senate voted down poppy bush's nominee for defense john tower after what would later be described in his obituary of public allegations of
and jack lew is in the middle of it. because democratic economic policies have not been well received by republicans in congress, and because jack lew once irked mitch mcconnell, he is, we're supposed to believe, not going to get the top tier cabinet position. we scoff in your general direction. if those do not sound like reasons substantive enough to block a presidential cabinet nomination, that is because those are not reasons substantive enough to block a presidential cabinet nomination. at...
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lew, and he trust jack lew. if you look at all of these cabinet appointments that we've seen and some to come, it is about the president's comfort level in the second term. >> he was just re-elected, he's the president of the united states. he deserves to be comfortable. if you can hold on, we still haven't received that famous two-minute warning. we'll take a quick two-minute break and be right back. where is flo? anybody know where flo is? are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. >>> we waiting for the president of the united states to walk into the east room of the white house. we'll show you a picture now. he's going to nominate jack lew as white house chief of st
lew, and he trust jack lew. if you look at all of these cabinet appointments that we've seen and some to come, it is about the president's comfort level in the second term. >> he was just re-elected, he's the president of the united states. he deserves to be comfortable. if you can hold on, we still haven't received that famous two-minute warning. we'll take a quick two-minute break and be right back. where is flo? anybody know where flo is? are you flo? yes. is this the thing you gave my...
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look like jack lew was originally left-handed. charles: i was going to write someone a note a week ago and forgot how to write in cursive. it has been that long. but jack lew never knew. stuart: more serious regarding spending and your dollar. the government's very alan bean calendar, the congressional budget office have numbers that show many more cuts could be made. look at this list. cut funding for non-defense agencies by 1%. that is a cut, how much would that saved? $932 billion over ten years. next, cut the growth in funding for the defense department. just don't cut it, cut the growth. the cbo said that would save $862 billion. how about raising the earliest eligibility age for social security? that would save another $144 billion. just those cuts we have mentioned and that is a small fraction of them, $2 trillion would be saved. you could get $4.6 trillion worth of savings if the cbos proposals were put in place. mike reagan joins us now. what i just described, government bean counters's bonet ideas. know where are they cu
look like jack lew was originally left-handed. charles: i was going to write someone a note a week ago and forgot how to write in cursive. it has been that long. but jack lew never knew. stuart: more serious regarding spending and your dollar. the government's very alan bean calendar, the congressional budget office have numbers that show many more cuts could be made. look at this list. cut funding for non-defense agencies by 1%. that is a cut, how much would that saved? $932 billion over ten...
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well, for heaven sakes, jack lew was on wall street for a year. he ran the alternative investments at citibank and he got $1 million bonus to that and $1 million cash compensation on top of that. i don't begrudge him that. i'm a free market guy. but his boss begrudges people who made money and lew did that in one year. if you live by the sword, you die by the sword. >> well, again, he is in sync with his boss, president obama, and i think obama's willing to overlook those transgressions as long as you see the world the way he does. and in terms of governor dean, i almost think i'm re-hearing herbert hoover about the need to fight the deficit by raising taxes. raising taxes -- >> and cutting spending. >> raising taxes is not the way to go. and you look at europe, they're raising taxes, japan is raising taxes and the result is a disaster. as you know, if we had normal growth economy, say 4%, which shouldn't be hard to do after what we've been through, you'd get an extra $400 billion, $500 billion right off the bat, instant, painless. >> howard, what
well, for heaven sakes, jack lew was on wall street for a year. he ran the alternative investments at citibank and he got $1 million bonus to that and $1 million cash compensation on top of that. i don't begrudge him that. i'm a free market guy. but his boss begrudges people who made money and lew did that in one year. if you live by the sword, you die by the sword. >> well, again, he is in sync with his boss, president obama, and i think obama's willing to overlook those transgressions...
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i have the greatest respect for jack lew. i know him as a man exceptional judgment, calm under pressure, with an extraordinary record of experience over decades spent at the center of american economic policy. he is committed to defending the safety net for the elderly and poor. he understands what it takes to create the conditions for stronger economic growth and broader economic opportunity. and he understands that to govern responsibly, is to govern with the recognition that we have limited fiscal resources. now like jack, i've spent my professional life in this world of public policy and public service, and as all of you know, our families carry a large share of the burdens we assume in public life. and i feel incredibly fortunate that my wife, carol, and my family, have been willing to allow me to do this. and i thank them for their support and their patience and i understand their occasional impatience. i want to express my admiration and my appreciation for the women and men of the treasury department. those who came t
i have the greatest respect for jack lew. i know him as a man exceptional judgment, calm under pressure, with an extraordinary record of experience over decades spent at the center of american economic policy. he is committed to defending the safety net for the elderly and poor. he understands what it takes to create the conditions for stronger economic growth and broader economic opportunity. and he understands that to govern responsibly, is to govern with the recognition that we have limited...
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jack lew gets the nod for new treasury secretary. senator jeff sessions is outraged and vowing to block lew's senate confirmation. he will join us to explain why. >>> why this flu epidemic is making our economy sick. experts say we're looking at a possible $10 billion hit on the economy from the flu. that is what we need. details are coming up. >>> how much is an oscar really worth to a movie? the 2013 academy award nominees are out. studios dropped 10 of millions of dollars on their oscar campaigns. a top industry expert is here to crunch the numbers. even when they say it's not, it is always about money. melissa: we start today with another school shooting. it happened at taft union high school in california. one student was shot. the sheriff says they have one suspect in custody. makes the meetings on gun control today, on capitol hill even more urgent. the fact that vice president joe biden met with the nra and other gun rights activists on possible new federal regulation. at the same time attorney general eric holder was talking
jack lew gets the nod for new treasury secretary. senator jeff sessions is outraged and vowing to block lew's senate confirmation. he will join us to explain why. >>> why this flu epidemic is making our economy sick. experts say we're looking at a possible $10 billion hit on the economy from the flu. that is what we need. details are coming up. >>> how much is an oscar really worth to a movie? the 2013 academy award nominees are out. studios dropped 10 of millions of dollars...
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>>> the cabinet reshuffle continues, and next in the hot seat, jack lew. it is wednesday, january 9th, and this is "now." >>> joining me today, "rolling stones" eric bates, heather mcgee, former traveling press secretary for the obama campaign jen psaki, and the effortlessly elegant msnbc contributor jonathan capehart of "the washington post." at a time of great fiscal uncertainty and belt tightening, president obama is poised to nominate as the next treasury secretary a man who brings his lunch to work every day, a cheese sandwich and apple to be precise, president obama will reportedly tap jack lew tomorrow to replace timothy geithner. lew would take over on the eve of another debt ceiling battle. in round one during the summer of 2011, boehner's top staffer called lew's debt ceiling negotiations disrespectful and dismissive. according to david plouffe, that is because jack knows the numbers and republicans couldn't pull a fast one. two names are being floated to replace lew, dennis mcdonagh, currently his deputy national security adviser and ron klain.
>>> the cabinet reshuffle continues, and next in the hot seat, jack lew. it is wednesday, january 9th, and this is "now." >>> joining me today, "rolling stones" eric bates, heather mcgee, former traveling press secretary for the obama campaign jen psaki, and the effortlessly elegant msnbc contributor jonathan capehart of "the washington post." at a time of great fiscal uncertainty and belt tightening, president obama is poised to nominate as the...
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i'm not saying that jack lew doesn't deserve to be the secretary. but he's just not a lincolnesque choice. a president who dared to break the mold. >> is asking the world that they are up to the task? let's ask john layfield and chris stirewalt and myra weinstein. it did hearken back to a time when lincoln was very comfortable with the cabinet. what happened to those days? >> one of the things that has happened is we don't do much with cabinets anymore. they are there for photo ops. outside, there are a couple of key spots in defense justice. the president isn't engaged and he was back and forth for pictures. the other part is that for the president we have gotten to know him a lot better he is not here to do a deal with republicans. we have no deals come or not changing entitlements, and taxes are still on the table. neil: it's a safe choice for the president. he continues the philosophy of the president. maybe they want someone with a little bit more direct business experience, but it's not going to happen. >> no, it won't happen. you are dealing
i'm not saying that jack lew doesn't deserve to be the secretary. but he's just not a lincolnesque choice. a president who dared to break the mold. >> is asking the world that they are up to the task? let's ask john layfield and chris stirewalt and myra weinstein. it did hearken back to a time when lincoln was very comfortable with the cabinet. what happened to those days? >> one of the things that has happened is we don't do much with cabinets anymore. they are there for photo ops....
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jack lew is an inside man. as long as the world doesn't implode, americans much less the world will pay little attention to who heads the u.s. treasury. what do you think? >> what do i think? it's really very simple. simple once again. it's not as easy as it's now a domestic issue with the budget battle. if only it were. this is all about who the man is and what does he bring to the table. if we look back at treasury secretaries, paul o'neill and john snow, they were major men in their own industries. but they didn't -- >> nobody remembers. >> nobody remembers them and they were not huge successes. lloyd benson even. look at what he was. a great man in his field. but did not bring much to the table. now you look at paulson, geithner, summers, ruben, morgan, you don't remember him any more than i do, but the fact is they were the men who actually were able to make the treasury work. now, there's no doubt jack lew comes with the authority of the president and the white house. but he has to go further than that. h
jack lew is an inside man. as long as the world doesn't implode, americans much less the world will pay little attention to who heads the u.s. treasury. what do you think? >> what do i think? it's really very simple. simple once again. it's not as easy as it's now a domestic issue with the budget battle. if only it were. this is all about who the man is and what does he bring to the table. if we look back at treasury secretaries, paul o'neill and john snow, they were major men in their...
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host: jack lew coming in, and he was the president's point person. does that give you any confidence on budgets considering his background? caller: no, his background is just as bad. he practiced law for a few years, but he is basically a politician who used to work for tip o'neill. he does not care anything about economic growth. when the you hear any obama administration official talking about economic growth? that is what is needed, not more government programs that just run up debt. who is going to pay the debt back? host: ran on the independent line. caller: i am calling about timothy geithner exactly and the whole federal resolve -- reserve, for that matter. people are making like me of timothy geithner 0 in tax money. i do not make lightly of that. he came in a 0 in tax money knowing that he owed tax money. he was thinking he was above it anyway. that is one point. the second, our unemployment rate is sky-high under timothy geithner. the national debt is sky high under timothy geithner. third, we have lost our national credit rating, our world
host: jack lew coming in, and he was the president's point person. does that give you any confidence on budgets considering his background? caller: no, his background is just as bad. he practiced law for a few years, but he is basically a politician who used to work for tip o'neill. he does not care anything about economic growth. when the you hear any obama administration official talking about economic growth? that is what is needed, not more government programs that just run up debt. who is...
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jack lew is not that man. the original messages that we're now getting from a number of republican senators who will have to consider this nomination, many are saying that they will go through the vetting process. see what jack lew has to say from confirmation hearings as the information comes out. they want a plan to address spending. many are skeptical they're getting it from the treasury nominee or from the administration. back to you. tracy: rich edson, thanks for all that. ashley: jack lew then must face the senate before he takes the helm at treasury department. with the top republican on budget committee already speaking out against lew are we in for a bumpy confirmation process on capitol hill? joining us bob cusack, managing editor of "the hill." it could be interesting, bob. we mentioned senator jeff sessions, top ranking republican on the senate budget committee and he said, quote, in a statement that is now at, out, jack lew must never be treasury secretary. he has critics but do you think he will
jack lew is not that man. the original messages that we're now getting from a number of republican senators who will have to consider this nomination, many are saying that they will go through the vetting process. see what jack lew has to say from confirmation hearings as the information comes out. they want a plan to address spending. many are skeptical they're getting it from the treasury nominee or from the administration. back to you. tracy: rich edson, thanks for all that. ashley: jack lew...
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what about now with jack lew? brian jacobson chief portfolio strategist at wells fargo joining us now from milwaukee wisconsin. at first look, what do you think? >> well, i think this is an example where we will probably see history not necessarily repeat but it will most likely rhyme with what happened when geithner made his first speech. i'm not all that confident that lew is going to be a good replacement for geithner. i think he's not a very unifying individual. he's more of a polarizing figure. and it makes it more likely that the next two years until the midterm elections that we could see more battles and skirmishes in washington, d.c. as opposed to fewer. dagen: what would you like to see as a stock investor? >> a treasury secretary who is more focused on building compromise. but think the lesson we learned in the debate last year when there was discussion about debt ceiling is that lew is one of these types of individuals who very politically savvy but that doesn't necessarily equate to being a statesman
what about now with jack lew? brian jacobson chief portfolio strategist at wells fargo joining us now from milwaukee wisconsin. at first look, what do you think? >> well, i think this is an example where we will probably see history not necessarily repeat but it will most likely rhyme with what happened when geithner made his first speech. i'm not all that confident that lew is going to be a good replacement for geithner. i think he's not a very unifying individual. he's more of a...
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in his opinion there's no better person sitting in treasury to tackle that than jack lew. >> i do want to point out one thing as we talk about diversity, and we had jen saki on the show yesterday. she said while the president has a very diverse -- >> a woman who works for president obama. >> and she made the point that we have a pipeline problem. if you actually look at sort of where women are at -- we did a little researching as we are want to do on this television program -- 50% -- 50.8% of the country is female, but they're only 18.9% of congress is female. that's up. that's still 19% basically. only 4.2% of fortune 1,000 ceos, rona, are women. when we talk about why are the women who are there -- why is the word deputy in front of their names? it's because in top level positions, i mean, you still have a problem in this country and around the world with women in leadership positions. >> it's interesting. the ceo numbers are particularly striking, and i think that that represents the fact that there just has not been enough culture shift in corporate america. i mean, women's roles a
in his opinion there's no better person sitting in treasury to tackle that than jack lew. >> i do want to point out one thing as we talk about diversity, and we had jen saki on the show yesterday. she said while the president has a very diverse -- >> a woman who works for president obama. >> and she made the point that we have a pipeline problem. if you actually look at sort of where women are at -- we did a little researching as we are want to do on this television program --...
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that left some republican was the sour tath about jack lew. in his book, bob woodward quotes saying brett loper in particular, found lew obnoxious. the budget director was doing 75% of the talking, lecturing everyone. not only about what obama's policy was but also why it was superior to the republicans'. barry jackson, former chief of staff, found lew's tone disrespectful and dismissive. lew is not likely to get any serious opposition. few senate republicans like jeff sessions aren't exactly saying celebratory things. according to fox news sessions has a prepared statement out that says, quote, jack lew must never be secretary of treasury. his testimony before the senate budget committee less than two years ago was so outrageous and false that it alone disqualifies him. jeff sessions is sort of alone on that front. one more thing to remember. secretary geithner would have -- would stay, president wouldn't be replacing geithner. if there is a cabinet secretary that the president knew the least but ended up becoming very close to, it has been g
that left some republican was the sour tath about jack lew. in his book, bob woodward quotes saying brett loper in particular, found lew obnoxious. the budget director was doing 75% of the talking, lecturing everyone. not only about what obama's policy was but also why it was superior to the republicans'. barry jackson, former chief of staff, found lew's tone disrespectful and dismissive. lew is not likely to get any serious opposition. few senate republicans like jeff sessions aren't exactly...
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tell us about jack lew. >> jack lew is the chief of staff known as a tough negotiator, someone who the president has complete trust in. in fact, when he was announced as the white house chief of staff the president talked about the trust that he had in him, talked about how he had taken a part in helping to right the ailing economy. this is also someone who has worked in a couple of administrations as the budget chief in this administration and the clinton administration and helped to cut the 1997 balanced budget deal. so the white house sees him as someone with a lot of experience, ready to take on some of the big challenges over the treasury department as we are facing the so-called mini cliffs, the big one, the debt ceiling, something he will have to deal with right away. >> when is the formal announcement of the nomination expected and another partisan fight down the road? >> very well could be. we have been trying to nail it down. all we have from sources is that it will happen sometime this week mptd not certain if that is tomorrow or friday or over the weekend but it will happen
tell us about jack lew. >> jack lew is the chief of staff known as a tough negotiator, someone who the president has complete trust in. in fact, when he was announced as the white house chief of staff the president talked about the trust that he had in him, talked about how he had taken a part in helping to right the ailing economy. this is also someone who has worked in a couple of administrations as the budget chief in this administration and the clinton administration and helped to cut...
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if you look at jack lew's career, it's easy to say he's a creature of government. worked in the obama administration, worked for tip o'neill back in the day. but when you look at his experience before he came to the government with the obama white house, he was at citi and got $1 million salary and $1 million bonus. this irks not only conservatives who think obama's being hypocritical to nominate someone this kind of banking background after wagging his finger at the wealthy all year. but almost frustrates and infuriates the left because they would like to see someone more progressive in the treasury role. >> more progressive. but what about this? he was the chief operating officer of a proprietary trading operation of about $54 billion. now, that has been outlawed under dodd/frank. so once again, i see hypocrisy from team obama. >> you've already seen some senators on capitol hill such as chuck grassley of iowa raise questions about what jack lew did at citi. and there's been a huffington post investigation about how lew's unit within the company was tied to hedge
if you look at jack lew's career, it's easy to say he's a creature of government. worked in the obama administration, worked for tip o'neill back in the day. but when you look at his experience before he came to the government with the obama white house, he was at citi and got $1 million salary and $1 million bonus. this irks not only conservatives who think obama's being hypocritical to nominate someone this kind of banking background after wagging his finger at the wealthy all year. but...
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jack lew must never be treasury secretary. his testimony before the senate budget committee less than two years ago was so outrageous and false that it alone disqualifies. jack lew is not that man. >> well, i guess if jeff sessions represented the majority party, his words there might have a little more bite than they do. jack lew actually in truth is the least controversial of the nominees we're going to talk about tonight. he is very liberal. no question about that. he has come up through the ranks starting in tip o'neil's office in years ago on the democratic side of the party. capable. knows the numbers. has the president's trust. even though he has offended some republicans by his behavior in the negotiations, president likes him. they won't go to the matt over this. >> bret: chuck hagel, charles? >> here from the two leading hagel indicators. schumer on the democrats and mccain on the republican. he is from new york. unequivocal. if he goes with hagel in the end, hagel will be approved. as for mccain, his issue is more i
jack lew must never be treasury secretary. his testimony before the senate budget committee less than two years ago was so outrageous and false that it alone disqualifies. jack lew is not that man. >> well, i guess if jeff sessions represented the majority party, his words there might have a little more bite than they do. jack lew actually in truth is the least controversial of the nominees we're going to talk about tonight. he is very liberal. no question about that. he has come up...
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but does jack lew have what it takes? we'll talk about it, after this. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. >>> aig has decide not to joiven a lawsuit by former ceo hank greenberg against the u.s. government. greenberg claims the company's 2008 bailout was unfair to shareholders. aig says it won't let greenberg's firm pursue its claims on the company's behalf. the ceo told cnbc joining the suit isn't in aig's best interest. and while the terms of the lawsuit may hav
but does jack lew have what it takes? we'll talk about it, after this. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save...
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i don't think jack lew brings that to the table. whether or not the other attributes he has make up for that we'll have to wait and see. >> i was going to ask you if you didn't end your report with that, i was going to ask you to say what you just said, what you said to me off camera -- and i'll tell you, when you said it, i'll tell you what struck me. sometimes i think you're implying that if the administration needs to sell something to maybe the private sector, it helps to say, you know, geithner's for it. or it helps to say paulson was for it. it helps to say robert reuben is for this. and in this case they won't necessarily be able to make that. but they don't -- see where i disagree with you, i don't think they care that they don't sell it. they don't need to sell it. >> i don't care if they care. they should care. it does matter. we are entering really interesting times when it comes to a need to rethink our corporate tax system, rethink our individual tax system. rethink entitlements. all of these things. it would have been,
i don't think jack lew brings that to the table. whether or not the other attributes he has make up for that we'll have to wait and see. >> i was going to ask you if you didn't end your report with that, i was going to ask you to say what you just said, what you said to me off camera -- and i'll tell you, when you said it, i'll tell you what struck me. sometimes i think you're implying that if the administration needs to sell something to maybe the private sector, it helps to say, you...
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so who is jack lew and what would he do at the treasury department? that is next. >>> plus, the breaking news of aig's decision not to sue the government over its bailout. ali velshi has a lot to say. he's back and he's next. pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> things are looking up for the u.s. economy. let's hope our politicians don't bring it down. from the cnn money newsroom, in new york, i'm ali velshi. this is your money. walmart reverses itself on gun violence meeting. do you know who jack lew is? you will soon. more nightmares on the dreamliner. and america is on track to prosper if we just let it. but, first, that walmart story. the change of heart. vice president jo
so who is jack lew and what would he do at the treasury department? that is next. >>> plus, the breaking news of aig's decision not to sue the government over its bailout. ali velshi has a lot to say. he's back and he's next. pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how...
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who is jack lew? an inside look at the man poised to take over as treasury secretary. ♪ . ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. lori: here's your fox business brief. snapping a two-day losing streak stocks continue their upward trend as fourth quarter earnings season gets off to a strong start with alcoa last night. right now the dow is up 61 points. >>> billionaire leon black apparently sweet on hostess. "new york post" says the head of private equity firm apollo global management teaming up
who is jack lew? an inside look at the man poised to take over as treasury secretary. ♪ . ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get...
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lew is confound what will be top of the agenda than what needs to be done going forward. he majorly moves will need to move towards get in the talks on the debt ceiling in place it would also be for him to create the platform from which. obama is reflecting his view that he wants to do something about his legacy u.s. is still facing huge reforms needed in particularly in the health care costs where health costs over the next ten years will double in percentage of g.d.p. so there's still a lot to be done and i think appointing a somewhat more political person to the choice is second chair will also indicate that obama means business is terrific doing this and in terms of ways to tackle the debt then there's been talk of this one trillion dollar platinum coin to be minted as a way to resolve the over sixteen trillion dollar debt do you see this is feasible is it crazy is it is a good idea how do you see this. theoretically is a very good idea isn't it if you have to my state you can just mean some coins and you're out of your trouble of course i think clearly this is just t
lew is confound what will be top of the agenda than what needs to be done going forward. he majorly moves will need to move towards get in the talks on the debt ceiling in place it would also be for him to create the platform from which. obama is reflecting his view that he wants to do something about his legacy u.s. is still facing huge reforms needed in particularly in the health care costs where health costs over the next ten years will double in percentage of g.d.p. so there's still a lot...
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Jan 9, 2013
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jack lew, where are the women? >> well, andrea, there's no doubt that women's advocacy groups are critiquing and criticizing the president for the fact his top cabinet appointments are all male. the white house pushing back against that, pointing to the fact, look, there are a number of women appointed here at the white house, at one count it's 43%, which is higher than the bush administration. >> just the same as the clinton administration, 43%. >> right. this is something the white house has been answering a lot of questions about. let's put it that way. yesterday jay carney was pressed on this issue. i asked about this issue a few weeks ago. he continues to say that diversity is one of the president's important initiatives, but if you look at the top people in his cabinet, certainly, this is a problem and women's advocacy groups are pointing it out. andrea? >> thank you very much. so to answer that question, among others, where are the women, joining me now, democratic senator from minnesota. we know where the w
jack lew, where are the women? >> well, andrea, there's no doubt that women's advocacy groups are critiquing and criticizing the president for the fact his top cabinet appointments are all male. the white house pushing back against that, pointing to the fact, look, there are a number of women appointed here at the white house, at one count it's 43%, which is higher than the bush administration. >> just the same as the clinton administration, 43%. >> right. this is something...
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Jan 10, 2013
01/13
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CURRENT
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jack lew is going to the treasury. for those of you who can make out his signature here, that's jack lew's signature. it looks sort of like a drunk caterpillar there. that will be on your flat money. it looks just like this. jack lew's signature. like a shock test if you look at it the right way. that's one nomination. other nominations that we've had here recently. we wanted to talk to juana summers about. let's start with john brennan. john brennan to the c.i.a. how are republicans going to take this? because we've already seen some opposition to him. >> as expected, a lot aren't taking it very well. they say he still has questions to answer about harsh interrogation tactics from the bush era. he hasn't answered that. lindsey graham the other night speaking on fox news that suggested he wants to put a hold on brennan's nomination. use that as leverage so he can get the answers that he and his republican colleagues, kelly ayotte, john mccain have been pushing for from clinton from the obama administration and the atta
jack lew is going to the treasury. for those of you who can make out his signature here, that's jack lew's signature. it looks sort of like a drunk caterpillar there. that will be on your flat money. it looks just like this. jack lew's signature. like a shock test if you look at it the right way. that's one nomination. other nominations that we've had here recently. we wanted to talk to juana summers about. let's start with john brennan. john brennan to the c.i.a. how are republicans going to...
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Jan 10, 2013
01/13
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KGO
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. >> right now in washington, president obama has officially nominated jack lew for treasury secretary. that announcement was made last than half an hour ago. he is if line to replace geithner. last year, he was chosen to be the president's chief of staff and has a reputation as a tough marketers. republicans claim he is few unyielding in past fiscal negotiations but he will unlawful be nominated for secretary of penmanship. can you read that signature? can you read that signature? it will be appearing on all u.s. money if he is confirmed and he will try to improve his handwriting. >> can we forge that? same reason i could never be treasury secretary, either. >> that was interesting. glad he doesn't write prescriptions. now, going outside, you can see the clouds are out there. i will keep the showers in the forecast going today and the cold air comes in tonight with the showers and that is the lingering legacy of the storm system and a chance of showers during the 49ers and packers playoff game. i will give you an update on that. >> the oscar nominations are out and we will go >> movie
. >> right now in washington, president obama has officially nominated jack lew for treasury secretary. that announcement was made last than half an hour ago. he is if line to replace geithner. last year, he was chosen to be the president's chief of staff and has a reputation as a tough marketers. republicans claim he is few unyielding in past fiscal negotiations but he will unlawful be nominated for secretary of penmanship. can you read that signature? can you read that signature? it...
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Jan 11, 2013
01/13
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FOXNEWS
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does he regret dropping out of the presidential race and the president nominates jack lew for treasury secretary. is this the right man for the job? we'll ask charles krauthammer. that and more straight ahead. [ male announcer ] some day, your life will flash before your eyes. make it worth watcng. introducing the 2013 lexus ls. an entirely new pursuit. for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. >> i cannot think of a better person to
does he regret dropping out of the presidential race and the president nominates jack lew for treasury secretary. is this the right man for the job? we'll ask charles krauthammer. that and more straight ahead. [ male announcer ] some day, your life will flash before your eyes. make it worth watcng. introducing the 2013 lexus ls. an entirely new pursuit. for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [...
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Jan 11, 2013
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FOXNEWS
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does he regret dropping out of the presidential race and the president nominates jack lew for treasury secretary. is this the right man for the job? supply costs... down... ...and down. just use your maxperks card and get a case of x-9 paper for only 1-cent after maxperks rewards. find thousands of big deals now... ...at officemax. ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watcng. introducing the 2013 lexus ls. an entirely new pursuit. for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. [ all screaming ] so, i'm working on a cistern intake valve, and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes y
does he regret dropping out of the presidential race and the president nominates jack lew for treasury secretary. is this the right man for the job? supply costs... down... ...and down. just use your maxperks card and get a case of x-9 paper for only 1-cent after maxperks rewards. find thousands of big deals now... ...at officemax. ♪ [ male announcer ] some day, your life will flash before your eyes. make it worth watcng. introducing the 2013 lexus ls. an entirely new pursuit. for their...
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Jan 11, 2013
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it is worth noting, in 2008 jack lew oversaw one of the most controversial branches of citigroup and there has been -- we talked about it yesterday. we're talking about wall street and the white house and the university system being the military industrial complex of our time, quoting gabe sherman from "new york magazine" piece. there is a pipeline between this stuff, and when you have a treasury secretary that's setting monetary policy, should he be someone that is theoretically in could ka hoots with the street? >> that strikes me as a crazy attack from bernie sanders because lew -- it is true that lew wrote for citigroup. he is probably the most liberal group of the cabinet. he has spent his whole career on the left of the democratic party. you know, he is also a liberal a lot of republicans trust and have worked with and feel he is an honest person. he is a guy who, i mean, he has talked for a long time about the importance of, satisfy, the cuts to defense spending, which isn't something that a lot of people of either party are comfortable saying. i mean, he is not a high profile
it is worth noting, in 2008 jack lew oversaw one of the most controversial branches of citigroup and there has been -- we talked about it yesterday. we're talking about wall street and the white house and the university system being the military industrial complex of our time, quoting gabe sherman from "new york magazine" piece. there is a pipeline between this stuff, and when you have a treasury secretary that's setting monetary policy, should he be someone that is theoretically in...
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Jan 10, 2013
01/13
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jack lew officially nominated as treasury chief. lew is known for his role in the being acrimonious talks in 2011. what could it mean this time. >> tiffany disappoints again with weaker holiday sales. there was weakness in the americas, strength in asia. so how much of a read through to the rest of retail is this earnings report? >>> nokia shares soaring this morning after a bullish outlook for the first quarter. >>> and herbal life's big day to defend itself against bill ackman's damning allegations. we'll have the latest and the ceo join us later in the show. >>> well, today president obama is set to nominate white house chief of staff jack lew as his next treasury secretary. succeeding tim geithner. lew has been budget director in both the obama and clinton administrations. he will pray a major role of course in negotiations over the debt ceiling and potential spending cuts. the president will make his announcement at 1:30 eastern. it's an event in the east room at the white house. i have to say off the bat just because he's a fo
jack lew officially nominated as treasury chief. lew is known for his role in the being acrimonious talks in 2011. what could it mean this time. >> tiffany disappoints again with weaker holiday sales. there was weakness in the americas, strength in asia. so how much of a read through to the rest of retail is this earnings report? >>> nokia shares soaring this morning after a bullish outlook for the first quarter. >>> and herbal life's big day to defend itself against...
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Jan 11, 2013
01/13
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CURRENT
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he is jack lew now chief of staff. he's got one thing in common with the president's last three nominees namely john kerry chuck hagel and john brennan all three are white males. does president obama have a diversity problem or people just being too hard on him again. we'll talk about that and a whole lot more. but first, she's got the latest, today's current news update from lisa ferguson out in los angeles. good morning. >> hey bill. good morning everyone. the white house is gearing up for a fight with the nra in the midst of meetings from obama's new gun violence task force. cnn is reporting that the nra is prepping a hard-hitting ad campaign mounting opposition to possible new restrictions. nra president david keen says the group is mobilizing for a fight and will engage its members. now the white house's plan is to outorganize the nra. president obama is rallying groups of churches, medical organizations and retailers all to build support for new gun regulations. >>> the joe biden-led task force is set to deliver
he is jack lew now chief of staff. he's got one thing in common with the president's last three nominees namely john kerry chuck hagel and john brennan all three are white males. does president obama have a diversity problem or people just being too hard on him again. we'll talk about that and a whole lot more. but first, she's got the latest, today's current news update from lisa ferguson out in los angeles. good morning. >> hey bill. good morning everyone. the white house is gearing up...
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Jan 11, 2013
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jack lew takeover of the administration's affairs for a new fight with republicans over the nation's debt. >> in the names of one former senator, having him on your team is the equivalent of having a coach of having a player to put somebody at any position and knowing he will do well. >> he has experienced on balancing budgets in the clinton administration. if confirmed, he will replace timothy geithner who led the department to the economic turmoil of the first term. as we told you on thursday, we have -- lew has been criticized for his bad current -- for his bad signature. >> the president even joked about this, saying that he consider rescinding the nomination after seeing the loopy signature. this was posted on buzzfeed. the loops. >> that is a close resemblance to his signature. it is 4:51 right now. 41 degrees. >> a huge surprise for local youth battling brain cancer. it is a story will see only on seven. >> at coming up, going on a trial. we will meet a woman who rejected cosmetics. why she says that she feels more >> good morning, everyone. i am meteorologist jacqui jeras. it
jack lew takeover of the administration's affairs for a new fight with republicans over the nation's debt. >> in the names of one former senator, having him on your team is the equivalent of having a coach of having a player to put somebody at any position and knowing he will do well. >> he has experienced on balancing budgets in the clinton administration. if confirmed, he will replace timothy geithner who led the department to the economic turmoil of the first term. as we told you...
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Jan 10, 2013
01/13
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today the president nominated his chief of staff jack lew as the treasury secretary. president obama says that his judgment can be trusted and he can work with both parties. that is the fourth major staffing change made by the president. analysts say he may face tough criticism but is expected to be confirmed. >> now your insta-weather plus 11 forecast with chief meteorologist tom tasselmyer. >> 12 degrees above average for this 10th day of january. it will be warmer than that this weekend. hard to believe. no records in site. at least nothing we can see. the records are well up in the 70's. of 41 average temperature feels kind of chili. we will not see that until maybe next week. these late afternoon, early evening temperatures are more indicative of what we might be expecting for an afternoon high. temperatures well above freezing. 50 downtown. cloud cover coming in to prevent the temperatures are from falling very much. these clubs are pushing across the mountains and into baltimore. the rain is to the west. the blanket of cloudiness keeps the temperature is relati
today the president nominated his chief of staff jack lew as the treasury secretary. president obama says that his judgment can be trusted and he can work with both parties. that is the fourth major staffing change made by the president. analysts say he may face tough criticism but is expected to be confirmed. >> now your insta-weather plus 11 forecast with chief meteorologist tom tasselmyer. >> 12 degrees above average for this 10th day of january. it will be warmer than that this...
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Jan 10, 2013
01/13
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CNN
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jack lew understands budgets. the fact of the matter is, this is a guy that can speak the right language when the biggest crisis in washington right now is the fact that there's an absence of a budget. >> okay. so, ali, that's a great point. when i heard you talk about this before it was the one thing that you said that i kind of disagreed with. look, we have a fiscal crisis on our hands, we have a debt crisis. if you look at his performance in the last few years in terms of running the budget office and being the chief of staff for the president, the debt crisis has gotten much worse. i don't look at that reference and say, gee, this is a guy who is really going to fix the problem and i do think what we need in washington is he's been in washington in and out of government for 25 years and i guess my philosophy is, why not bring in some new faces, granted they are going to have the president's philosophy but maybe looking at new approaches to bringing this enormous debt down. >> steve, do you remember his record
jack lew understands budgets. the fact of the matter is, this is a guy that can speak the right language when the biggest crisis in washington right now is the fact that there's an absence of a budget. >> okay. so, ali, that's a great point. when i heard you talk about this before it was the one thing that you said that i kind of disagreed with. look, we have a fiscal crisis on our hands, we have a debt crisis. if you look at his performance in the last few years in terms of running the...
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Jan 10, 2013
01/13
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. >> right now in washington, president obama has officially nominated jack lew for treasury secretary. that announcement was made last than half an hour ago. he is if line to replace geithner. last year, he was chosen to be the president's chief of staff and has a reputation as a tough marketers. republicans claim he is few unyielding in past fiscal negotiations but he will unlawful be nominated for secretary of penmanship. can you read that signature? can you read that signature? it will be appearing on all u.s. money if he is confirmed and he will try to improve his handwriting. >> can we forge that? same reason i could never be treasury secretary, either. >> that was interesting. glad he doesn't write prescriptions. now, going outside, you can see the clouds are out there. i will keep the showers in the forecast going today and the cold air comes in tonight with the showers and that is the lingering legacy of the storm system and a chance of showers during the 49ers and packers playoff game. i will give you an update on that. >> the oscar nominations are out and we will go ron: yea
. >> right now in washington, president obama has officially nominated jack lew for treasury secretary. that announcement was made last than half an hour ago. he is if line to replace geithner. last year, he was chosen to be the president's chief of staff and has a reputation as a tough marketers. republicans claim he is few unyielding in past fiscal negotiations but he will unlawful be nominated for secretary of penmanship. can you read that signature? can you read that signature? it...
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i believe in the end jack lew will get confirmed. but i'll tell you this, the reason the white house put off the announcement of jack lew until tomorrow is because of the fiscal cliff. they didn't want it to get involved in the negotiations for the fiscal cliff. they felt that they already had a fight on their hands. they didn't want to add any fuel to the fire on that, which is why they've held off of the nomination until this week. they do expect him to get confirmed and so do i. >> john kerry, secretary of state. we've got a lot of white males, shall we say, chuck hagel, we have pictures up there. jack lew, eric holder is over at the justice department. he's not a white male. he's an african-american. but no women. >> men. men. >> i want to put up another picture of the seen yr staff, if you will. there you you he sue the staff. there's been mur muring that there's not enough women part of this white house, the inner circle. what are folks saying about that? >> the visual you just showed with the four cabinet members being men, th
i believe in the end jack lew will get confirmed. but i'll tell you this, the reason the white house put off the announcement of jack lew until tomorrow is because of the fiscal cliff. they didn't want it to get involved in the negotiations for the fiscal cliff. they felt that they already had a fight on their hands. they didn't want to add any fuel to the fire on that, which is why they've held off of the nomination until this week. they do expect him to get confirmed and so do i. >>...